Futures Journal Log

[Ronin]

12:20pm SOLD ZBH8 at 118-16

Trade Setup:

• Bearish reaction to "Helicopter Ben" speak
• 3min Time Frame, 9 ticks down, closed near the bottom
• RSI ( 5 ) = 79 on prev day
• Bullish Reaction in Equities

Target Filled: +22 Tics GAIN = $687.50

New Balance: $16,480.25 or 724% GAIN on Initial Starting Balance

Out Flat

[Ronin]

	Quote:	Ronin
	12:20pm SOLD ZBH8 at 118-16 Trade Setup: Bearish reaction to "Helicopter Ben" speak 3min Time Frame, 9 ticks down, closed near the bottom RSI ( 5 ) = 79 on prev day Bullish Reaction in Equities Target Filled: +22 Tics GAIN = $687.50 New Balance: $16,480.25 or 724% GAIN on Initial Starting Balance Out Flat

Here are the CLUES to the Bond Market reation to the FED Speak:

12:15 ET 10-Yr: unch..3.821%..

Stunted: "Bonds have been tucked into place as they await Bernanke & look out to the for sure 25 basis point cut, but temper expectations for 50 bps".

"Trade has backed off a heightened 80% for a 50bps go, now looking closer to 65%. The market is working a fairly tight range but they will be looking to break out to the upside, but the weight of the months longs pocketing profits will drag. "

"There has been stepped up talk of the Fed-head's talk lessening recession worries, but fact is, he will likely fall back on a "data dependant" course, leaving the market nothing to work with."

Meaning: SELL The Upside reaction and lookout below !

12:28 ET 10-Yr: Unch..3.821%..

"The prepared Bernanke comments appear to have been released early : as he doesn't step up to the crowd until 13 ET. The Fed chair notes that further policy easing may be necessary as the Fed responds to the economy. The December data (payroll, unemployment, ISM) were clearly disappointing as job deterioration raises the risk to consumer spending. That left more pronounced risks to the 2008 outlook which has worsened. Housing demand continues to worsened as the Fed continues to monitor inflation given price expectations. The note that the Fed feels at ease to ease the policy rates hardly leaves a clear message as to the size -- 25 bp or 50 bp "

In other words, was released early to catch as many unprepared Longs as possible and clean out the accumulated STOP Losses Orders below the Key Pivot Supports. I have seen this happened many times before with the Payrolls Report and the Fed Reports and Speaks Events.

Is like the Exchange never gives an explanation or excuse for the sloppy and gross inefficient released of the Market moving News Event while many thousands of real traders worldwide have their money on the market. Complete disregard for market participants and their lost funds ! And when you ask them directly, they behave like it was a big mistery, and they can't control it ! a display of complete arrogance and ignorance -( with millions of dollars of High Tech Equipment in their operations ).

[Ronin]

Thursday,January 10 SELL Stop 118-12 Prev Low

ZBH8 SOLD 118-12 Market Closed: 117-14
STOP 119-07 Wed HIGH

SETUP:

• RSI ( 5 ) = 79 Wed, Jan 9
• 60min STO: Bearish Divergence

Target: 117-10 Thursday Low

Friday, Jan 11 - SHORT 118-12

Target Filled: +34 Tics GAIN = $1,062.50 Close Position, canceled STOP Loss

New Balance: $25,328.50 ( second account )

[Ronin]

Long 1412.50, Exit Target Filled 1420 GAIN + 7.5 Pts = $375


Open Position: Long 1410

Second Target Filled at 1423 for +13 Pts GAIN = $650 Total GAIN: $1,025 for 4 Hrs work = $256.25 per Hour

SETUP: See The Candlestick Corner All about candlesticks

Re: YM, ES and DJIA Analysis

New Balance: $17,505.25

Out Flat

[Ronin]

Monday, January 14 GLOBEX :

BUY Stop 118-16 ZBH8 , Filled at 04:15am LONG 118-16
STOP Loss 118-02

SETUP:

• Daily NR 36 on Monday Jan 14
• RSI ( 5 ) = 65
• 30min Bullish Hammer

Tuesday, Jan 15:

2:50pm Target Filled: 119-17 , GAIN 33 Tics = $ 1,031.25

New Balance: $ 26,359.75

[Ronin]

	Quote:	Ronin
	Long 1412.50, Exit Target Filled 1420 GAIN + 7.5 Pts = $375 Open Position: Long 1410 Second Target Filled at 1423 for +13 Pts GAIN = $650 Total GAIN: $1,025 for 4 Hrs work = $256.25 per Hour SETUP: See The Candlestick Corner All about candlesticks Re: YM, ES and DJIA Analysis New Balance: $17,505.25 Out Flat

ESH8 Open Position, Long 1410

STOP Loss canceled/ replace from 1373 To 1415

Monday Jan 14, 11:30pm GLOBEX

STOP Exit FILLED at 1415 for a GAIN of +5 pts = $250

New Balance: $17,755.25

[Ronin]

ZBH8 SELL STOP 118-27
STOP 118-29

SETUP:

RSI ( 5 ) = 60 Falling from 76
60min STO = 86 / 82
Bearish Reaction To FED Speak

STOP Loss Filled: LOSS = 2 Tics = $62.50

Market turns around due to EQUITIES and Flight To Quality.


ESH8 SELL STOP 1368.50 ( Prev Low )

SETUP:

Volume Osc. = - 40% Falling
RSI ( 2 ) = 26
FED Speak : Bearish Reaction


10:15am - Filled : SOLD 1368.50
STOP 1397.50 Prev High

Target : 1339.75 Filled On Closed GAIN + 28.75 Pts = $ 1, 437.50

New Balance: $18,942.75 - $62.50 Loss = $ 18,880.25

[iHeartMoney]

ronin, could you post some charts of your setups along with your trades?

[Ronin]

	Quote:	iHeartMoney
	ronin, could you post some charts of your setups along with your trades?

This time Only, don't have the time during trading hours,

[Ronin]

BUY Stop 1332 ESH8 To be placed during GLOBEX on Monday night, January 21st,

Pre-Conditions: DAX and Other Asian and European Market Action.


SETUP:

• 60min MACD ( 5,8,1) Bullish Divergence
• RSI ( 2 ) = 3 , Extreme Low Level
• Volume Osc. = - 93% Extreme Low Historical Level
• High Accumulaton of Buying Volume
• VIX = 29.30 High and Bearish Doji

Will monitor position after filled to determine STOP Loss placement.

ZBH8 , 30 yr T-Bonds:

SELL Stop 119-13 for Monday Night, GLOBEX

SETUP:

NR4 and Inside Day Bearish Doji
RSI ( 5 ) = 63 and Falling Downcrossed
60 Min. STO : Bearish Downcross
Daily MACD Bearish Divergence

STOP Loss: 120-15